UPI set to get real-time redressal system for failed transactions
Shortpedia
Content Team
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The National Payments Corporation of India (NPCI) is currently underway to introduce a real-time dispute resolution system for failed unified payments interface transactions. The payments body is reportedly conducting closed-door pilots with top banks and payment companies for this Online Dispute Resolution (ODR) system, which is expected to be launched by the end of the year.
